The general concensus was drilling was expected to start in Q3 2014. Hence the unexpected delay had a negative effect on the share price.
Lets hope the farm out announcement comes soon and things start happening this year, rather than waiting 10 months for drilling to get under way.
I'd expect the share price to recover to 50 something cents once everyone who's going to bail has bailed. At least we have a target date for drilling now.
cheap, page-5
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